Picture: SIGCINIWE
DURBAN - South Africans will be bracing themselves for the 82c increase in the retail price of petrol on Wednesday.

The petrol price will increase by 5,5% while the price of diesel will go up by 6,4%.

According to the Central Energy Fund, the weaker rand exchange rate against the dollar was the primary reason for the sharp increase in the petrol price.

The price of petrol in May 2018 was R14,97 while the price of petrol for this month is R15,79.

Below is are two tables comparing the price of petrol and diesel for May and June 2018.

We did a few sums and calculated how much your petrol/diesel budget will increase after the new petrol price is placed into effect.

Amount
of petrol
you may per month
June 2018 petrol increase:

5.5%
Extra money spent
R1 000R1 055R55
R2 000R2 110R110
R3 000R3 165R165
R4 000R4 220R220
R5 000R5 275R275


Amount
of diesel
you may per month
June 2018 diesel price increase:

6.4%

Extra money spent
R1 000 R1 064 R64
R2 000 R2 128 R128
R3 000 R3 192 R192
R4 000 R4 256 R256
R5 000 R5 320 R320


Below is a list of a few things you could have bought this month. But instead, you will have to fork it over to the nearest petrol station.

With the R55 extra that you spent on petrol, you could have purchased a McDonalds's Spicy Cajun Chicken Meal for R39,90.

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McDonalds's Spicy Cajun Chicken Meal Photo: Facebook

For the extra R110 that you spent on, you could have purchased The Post DVD from Loot for R110. A little Meryl in your life!

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The Post DVD Photo: Facebook

With the extra R165 that you will now spend on petrol, you could have purchased a year's subscription to Netflix. This one hurts the most!

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Netflix Photo: Facebook

With R220 that you spent on petrol, you could have bought the George Ezra CD from Loot for R219.

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George Ezra CD Photo: Facebook

For the additional R275 that you spent on petrol, you could have purchased a Strontium Nitro Plus OTG Flash Drive from Loot for R233.





- BUSINESS REPORT ONLINE